$54.65
-1.75 (-3.10%)
Apollo Group, Inc. (APOL)
CAPS Rating:
The Company is an education provider for more than 30 years and operates through subsidiaries: The University of Phoenix, Inc., Institute for Professional Development, The College for Financial Planning Institutes Corporation and Western International.
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I worked for the UOP as a contractor for a few months and have nothing against the company. They own many of their assets, as opposed to leasing, which in turn provides them with a significant long-term cost advantage.Be that as it may, it costs too much to go to school there. Part of their success is that it's convenient. And while this wasn't a problem over the past decade, it will be very soon. Many of those who will be laid off in the coming months/year will enroll at a publicly-funded college for much less money, because they have more time available being unemployed. Another problem is that some employers do not recognize a UOP online degree as the same one from a regular college or university. Intel is one.